HARRISONBURG Investment Analysis

Investment Property in HARRISONBURG, VA

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

HARRISONBURG, VA Real Estate Investment Performance

PROPERTY SALE PRICE

$299,845

Median

1,822

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

1.00%

Airbnb

RENTAL INCOME

$ 1,993

Traditional

$ 1,431

Airbnb

RENTAL INCOME

$ 1,993

Traditional

$ 1,431

Airbnb

NUMBER OF PROPERTIES

126

Investment

1,009

Airbnb

16

Traditional

27%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

74

Number of homes sold

13

Median days on market

99%

Average sale-to-list price ratio

9%

Percentage of listings with price drops

126

Active listings count

91

New listings count

1.1

Months of supply

HARRISONBURG, VA Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,254	$ 1,312	$ 1,538	$ 1,595
Traditional	$ 1,212	$ 1,570	$ 2,122	$ 2,498

Airbnb

1 ROOM	$ 1,254
2 ROOMS	$ 1,312
3 ROOMS	$ 1,538
4 ROOMS	$ 1,595

Traditional

1 ROOM	$ 1,212
2 ROOMS	$ 1,570
3 ROOMS	$ 2,122
4 ROOMS	$ 2,498

Predict Short-Term Rental Revenue

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Investment Properties for Sale in HARRISONBURG, VA

$229,000

MLS 676807

909 JEFFERSON ST, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 1 baths 938 sq.ft.

CAP RATE Trad. 4.71% Airbnb 6.42%

Analyze Property

$250,000

MLS 677467

829 VIRGINIA AVE, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 1 baths 936 sq.ft.

CAP RATE Trad. 4.21% Airbnb 5.77%

Analyze Property

$299,900

MLS VAHC2000624

775 COLLICELLO Street, HARRISONBURG, VA 22802

Collicello Corridor

Other

3 beds 1 baths 1,175 sq.ft.

CAP RATE Trad. 3.72% Airbnb 4.74%

Analyze Property

$315,000

MLS 676388

195 5TH ST, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 2 baths 1,053 sq.ft.

CAP RATE Trad. 4.07% Airbnb 4.54%

Analyze Property

$224,900

MLS 677879

1396 HUNTERS RD #L, HARRISONBURG, VA 22801

Pheasant Acres

Condo/Coop

4 beds 2 baths 982 sq.ft.

CAP RATE Trad. 5.47% Airbnb 3.48%

Analyze Property

$195,000

MLS 677163

835 NORTHFIELD CT, HARRISONBURG, VA 22802

Northeast

Single Family Residential

3 beds 2 baths 1,224 sq.ft.

CAP RATE Trad. 6.85% Airbnb 3.32%

Analyze Property

$179,000

MLS 675691

580 HAWKINS ST, HARRISONBURG, VA 22801

Reservoir

Other

2 beds 1 baths 1,080 sq.ft.

CAP RATE Trad. 5.92% Airbnb 3.20%

Analyze Property

$255,000

MLS 673742

1430 BRADLEY DR, HARRISONBURG, VA 22801

Pheasant Acres

Single Family Residential

4 beds 2 baths 1,352 sq.ft.

CAP RATE Trad. 5.41% Airbnb 2.94%

Analyze Property

Single Family Houses for Sale in HARRISONBURG, VA

$229,000

MLS 676807

909 JEFFERSON ST, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 1 baths 938 sq.ft.

CAP RATE Trad. 4.71% Airbnb 6.42%

Analyze Property

$250,000

MLS 677467

829 VIRGINIA AVE, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 1 baths 936 sq.ft.

CAP RATE Trad. 4.21% Airbnb 5.77%

Analyze Property

$315,000

MLS 676388

195 5TH ST, HARRISONBURG, VA 22802

Collicello Corridor

Single Family Residential

3 beds 2 baths 1,053 sq.ft.

CAP RATE Trad. 4.07% Airbnb 4.54%

Analyze Property

$195,000

MLS 677163

835 NORTHFIELD CT, HARRISONBURG, VA 22802

Northeast

Single Family Residential

3 beds 2 baths 1,224 sq.ft.

CAP RATE Trad. 6.85% Airbnb 3.32%

Analyze Property

$255,000

MLS 673742

1430 BRADLEY DR, HARRISONBURG, VA 22801

Pheasant Acres

Single Family Residential

4 beds 2 baths 1,352 sq.ft.

CAP RATE Trad. 5.41% Airbnb 2.94%

Analyze Property

$320,000

MLS 677688

220 ROCKINGHAM DR, HARRISONBURG, VA 22802

Waterman

Single Family Residential

3 beds 2 baths 1,430 sq.ft.

CAP RATE Trad. 4.33% Airbnb 2.53%

Analyze Property

$259,900

MLS 676950

415 GLENFIELD CT, HARRISONBURG, VA 22802

Northeast

Single Family Residential

3 beds 2 baths 1,360 sq.ft.

CAP RATE Trad. 5.51% Airbnb 2.53%

Analyze Property

$239,000

MLS 678021

306 KELLEY ST, HARRISONBURG, VA 22801

Northeast

Single Family Residential

2 beds 1 baths 784 sq.ft.

CAP RATE Trad. 3.57% Airbnb 2.37%

Analyze Property

Condos for Sale in HARRISONBURG, VA

$224,900

MLS 677879

1396 HUNTERS RD #L, HARRISONBURG, VA 22801

Pheasant Acres

Condo/Coop

4 beds 2 baths 982 sq.ft.

CAP RATE Trad. 5.47% Airbnb 3.48%

Analyze Property

$199,900

MLS 676903

1116 BLUE RIDGE DR #11, HARRISONBURG, VA 22802

Reherd Acres

Condo/Coop

3 beds 2 baths 1,108 sq.ft.

CAP RATE Trad. 5.90% Airbnb 2.32%

Analyze Property

$255,000

MLS 675785

520 DAVIS MILL DR #104, HARRISONBURG, VA 22801

Devon Lane

Condo/Coop

4 beds 4 baths 1,396 sq.ft.

CAP RATE Trad. 5.99% Airbnb 1.64%

Analyze Property

$275,000

MLS 678371

515 DAVIS MILLS DR #302, HARRISONBURG, VA 22801

Devon Lane

Condo/Coop

4 beds 4 baths 1,396 sq.ft.

CAP RATE Trad. 5.69% Airbnb 1.45%

Analyze Property

Townhouses for Sale in HARRISONBURG, VA

$260,000

MLS VAHC2000618

770 MERLINS Way, HARRISONBURG, VA 22801

Devon Lane

Townhouse

2 beds 3 baths 1,276 sq.ft.

CAP RATE Trad. 4.31% Airbnb 0.42%

Analyze Property

$305,000

MLS VAHC2000592

105 WILLOWSTONE Court, HARRISONBURG, VA 22801

Devon Lane

Townhouse

2 beds 3 baths 1,297 sq.ft.

CAP RATE Trad. 4.18% Airbnb 0.09%

Analyze Property

$305,000

MLS VAHC2000590

109 WILLOWSTONE Court, HARRISONBURG, VA 22801

Devon Lane

Townhouse

2 beds 3 baths 1,297 sq.ft.

CAP RATE Trad. 4.18% Airbnb 0.09%

Analyze Property

$699,900

MLS 11775397

3265 Preston Shore Dr, HARRISONBURG, VA 22801

Sportswood Country Club

Townhouse

2 beds 4 baths N/A sq.ft.

CAP RATE Trad. 1.77% Airbnb -0.10

Analyze Property

Top HARRISONBURG, VA Neighborhoods - Real Estate Market Analysis

Northeast

61%

61% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.72%

Traditional

7.92%

Airbnb

RENTAL INCOME

$ 1,174

Traditional

$ 2,365

Airbnb

67%

Airbnb occupancy rate

Analyze neighborhood

Pheasant Acres

59%

59% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

4.67%

Traditional

8.30%

Airbnb

RENTAL INCOME

$ 1,367

Traditional

$ 2,155

Airbnb

61%

Airbnb occupancy rate

Analyze neighborhood

Reherd Acres

55%

55% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.58%

Traditional

5.60%

Airbnb

RENTAL INCOME

$ 1,254

Traditional

$ 2,363

Airbnb

60%

Airbnb occupancy rate

Analyze neighborhood

Devon Lane

51%

51% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.68%

Traditional

8.11%

Airbnb

RENTAL INCOME

$ 1,374

Traditional

$ 2,619

Airbnb

62%

Airbnb occupancy rate

Analyze neighborhood

Collicello Corridor

47%

47% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.99%

Traditional

6.56%

Airbnb

RENTAL INCOME

$ 1,179

Traditional

$ 2,202

Airbnb

66%

Airbnb occupancy rate

Analyze neighborhood

Old Town

46%

46% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

2.72%

Traditional

3.29%

Airbnb

RENTAL INCOME

$ 1,667

Traditional

$ 2,666

Airbnb

63%

Airbnb occupancy rate

Analyze neighborhood

Sunrise Heights

43%

43% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

2.82%

Traditional

4.02%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,562

Airbnb

56%

Airbnb occupancy rate

Analyze neighborhood

Central Avenue

32%

32% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

5.20%

Traditional

3.75%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,300

Airbnb

57%

Airbnb occupancy rate

Analyze neighborhood

Park View

31%

31% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

4.33%

Traditional

3.85%

Airbnb

RENTAL INCOME

$ 1,334

Traditional

$ 2,073

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

Downtown

30%

30% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

1.35%

Traditional

3.44%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,231

Airbnb

66%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in HARRISONBURG, VA

$94 per night Airbnb occupancy rate 56%

Apartment 2 · 1 · 4

Restful Hilltop Apartment: No cleaning fees! Harrisonburg, Virginia, United States

Rental Income: $1,590 per month

4.91

834

$112 per night Airbnb occupancy rate 42%

Apartment 2 · 1 · 4

A Place to Rest Harrisonburg, Virginia, United States

Rental Income: $1,428 per month

4.95

671

$114 per night Airbnb occupancy rate 30%

Loft 1 · 1 · 2

Private Studio Apt Retreat Bridgewater, Virginia, United States

Rental Income: $1,036 per month

4.92

596

$154 per night Airbnb occupancy rate 33%

Apartment 1 · 1 · 4

Private suite close to JMU quiet neighborhood Harrisonburg, Virginia, United States

Rental Income: $1,566 per month

4.96

554

$114 per night Airbnb occupancy rate 44%

Apartment 2 · 1 · 5

New Two Bedroom Apartment in Harrisonburg Harrisonburg, Virginia, United States

Rental Income: $1,530 per month

4.97

468

$93 per night Airbnb occupancy rate 43%

Apartment 1 · 1 · 3

Private apartment in a new home close to JMU Harrisonburg, Virginia, United States

Rental Income: $1,209 per month

4.93

463

$98 per night Airbnb occupancy rate 39%

Apartment 1 · 1 · 3

One Bedroom Apartment near EMU Harrisonburg, Virginia, United States

Rental Income: $1,160 per month

4.98

417

$124 per night Airbnb occupancy rate 37%

Guest suite 2 · 1 · 4

Cozy 2BR | King bed | RokuTV | Walk to Downtown Harrisonburg, Virginia, United States

Rental Income: $1,405 per month

4.87

397

Real Estate Investment Analysis - Other Cities in virginia

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Virginia Beach	$480,000	3%	2%	$2,361	$2,456	914	25%
LEXINGTON	$383,000	4%	2%	$2,164	$1,932	294	24%
Manassas	$559,000	3%	1%	$3,056	$1,733	231	20%

View all virginia cities

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